Shamrock Capital cuts stake in Magellan Health Services

By Lisa Kerner

Charlotte, N.C., Sept. 11 - A group of investors led by Shamrock Capital Advisors, Inc. sold 128,000 shares of Magellan Health Services, Inc. on Sept. 9 and Sept. 10 for a total of $5.67 million, or an average of $44.29 per share.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Shamrock beneficially owns approximately 1.62 million shares, or 4%, of the Farmington, Conn.-based provider of behavioral health-care treatment services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.